Best way to structure multiple places.

[Brendan Murphy]

Hi guys,

Ok so here's the current status:

1) One 2 family property in NY is held between 3 people in LLC 1. The mortgage is in my name. (not llc's)

2) Another 2 family property in NY is held between the same 3 people as above (different % ownership) in LLC 2. The mortgage is in another biz partners name.

3) We are close to finalizing on a 7 unit that is currently being bought by LLC 1 (commercial mortgage here of course). The idea is after the transaction we would move this to LLC 3, as we have a new investor that is joining in the fun. Any issues w. that? Quit claim or just a "sale" of that asset from LLC 1 to LLC 3? Looking for a way to structure it.

Questions I have:

1) Should we just bundle all 3 of these into 1 LLC?

2) are there any good options for moving the mortgage I hold, and biz partner holds into the LLC's name? Both of our current banks do not allow mortgages to be in an LLC name. Any friendly investor banks you guys are aware of?

Any other things I should be watching out for?